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2016-10-10 16:35:27

ROST

Ross Stores

$64.20

-0.08 (-0.12%)

16:35

10/10/16

10/10

16:35

10/10/16

16:35

Ross Stores opens 34 new locations

Ross Stores announced the opening of 25 Ross Dress for Less and nine dd's DISCOUNTS stores across 16 different states in September and October. These new locations round out the company's 2016 expansion plans to add approximately 90 locations during the year.

ROSTRoss Stores

$64.20

-0.08 (-0.12%)

05/16/16

SBSH

05/16/16NO CHANGESBSH

Off-pricers are winning the retail war, says Citi

Last week's earnings results from the department stores do not signal some major problem with the consumer, Citi analyst Paul Lejuez tells investors in a research note. The "most structurally challenged" retailers reported in the first week, and "everything is likely to make more sense" once TJX (TJX) and Ross Stores (ROST) report this week, the analyst contends. He believes off-price stories are winning the retail war. Lejuez has Buy ratings on both companies.

05/20/16

WELS

05/20/16NO CHANGEWELS

Ross Stores should be bought on weakness, says Wells Fargo

After Ross Stores failed to beat its comp sales guidance, Wells Fargo blames the lack of upside on an execution issue in the company's women's clothing segment. Wells Fargo says that the company's "core fundamentals remain intact," and it thinks that the shares should be bought on weakness today.

06/08/16

WELS

06/08/16NO CHANGEWELS

Ross Stores weakness creates buying opportunity, says Wells Fargo

After meeting with Ross Stores' CFO, Wells Fargo says the company "has its arms around" last quarter's execution issue within the ladies apparel category that caused it to underperform versus its peers. The firm says that the company's other categories are outperforming, and Wells continues to recommend buying the stock. It keeps a $58-$60 price target and Outperform rating on the shares.

09/30/16

GUGG

09/30/16INITIATIONGUGGBuy

Ross Stores initiated with a Buy at Guggenheim

Guggenheim analyst Robert Drbul initiated Ross Stores with a Buy and a $70 price target. He believes the off-price sector should continue to gain market share due to shifts in both vendor and consumer preferences and expects Ross to be one of the main beneficiaries.